How important is structure/culture compared to the other primary internal considerations for a strategic plan?

Answers

Answer 1

Explanation:

The organizational structure and culture are essential for the design of a strategic plan aligned with the organization's purpose.

What happens is that the structure and culture of an organization constitute its identity, its way of organizing itself and creating an environment designed to obtain the objectives and goals stipulated by strategic planning. So it can be said that there is no way to develop a strategic plan without considering the structure or culture, because it is through these two variables that action plans are developed and modeled according to what the company is, and what it plans to be in the future. All organizational systems must be foreseen in the planning and be developed with the same degree of importance, because together they form the organizational whole that will lead a company to be well positioned in the market, achieve continuous improvement in its processes, achieve competitive advantage in the market, etc.

Answer 2

Structure and culture are the pillars upon which the business organizes its operational activities to get a smooth flow in these different activities.

What is the importance of structure/culture in a strategic plan?

The structure defines communication and reporting relationships while culture defines business norms to be followed. It is essential for strategic planning as it helps to develop a competitive edge for the business that would measure its growth.

Therefore, it generates foundations for bringing change and flexibility in the business for achieving improvement in its processes.  

Learn more about structure and culture here:

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Related Questions

Dawn Swift discovered that twenty years ago, the average tuition for one year at an Ivy League school was $4,500. Today, the average cost is $29,000. What is the growth rate in tuition cost over this 20-year period

Answers

Answer: 9.76%

Explanation:

The cost today of $29,000 is the future value of the cost 20 years ago with the growth rate in question. It can therefore be solved by the future value formula;

29,000 = 4,500 * ( 1 + r/100)²⁰

( 1 + r/100)²⁰ = 29,000/4,500

1 + r/100 = ²⁰√29,000/4,500

1 + r/100 = 1.0976

r = 9.76%

XYZ Company makes 400 widgets. The variable costs are $38.00 per unit and fixed costs are $32.40 per unit; however, $23.80 in fixed costs per unit is unavoidable. What is the effect on net income if the company instead buys the widgets from an outside supplier for $50.00 per unit?

Answers

Answer:

Decrease in net income by $1,360

Explanation:

First, we need to prepare analysis of costs and savings if the company buys outside.

Please note that the fixed costs per unit are unavoidable and are irrelevant hence ignored in making this decision.

Analysis of costs and savings

Purchase price (400 widgets × $50 per unit) = ($20,000)

Savings:

Variable costs (400 widgets × $38 per unit) = $15,200

Fixed costs (400 widgets × $8.60 per unit) = $3,440

Net income effect

($1,360)

The effect of on net income if the company buys widget from outside is a decrease in net income by $1,360

An employee has​ year-to-date earnings of . The​ employee's gross pay for the next pay period is . If the FICAOASDI is ​% and the wage base is ​, how much FICAOASDI tax will be withheld from the​ employee's pay?​ (Answer is rounded to whole​ dollar.)

Answers

Answer:

$192

Explanation:

Calculation for how much FICA-OASDI tax will be withheld from the employee's pay?

FICA-OASDI tax=($117,000-$113,900)*6.2%

FICA-OASDI tax=$3,100*6.2%

FICA-OASDI tax=$192

Therefore how much FICA-OASDI tax will be withheld from the employee's pay is $192

upstate bank is offering long-term certificates of deposit with a face value of $1000. bank customers can buy thece cds today for $67,000 and will receive the

Answers

Answer: 2.70%

Explanation:

Proper question is;

Upstate bank is offering long-term certificates of deposit with a face value of $100,000. Bank customers can buy these CDs today for $67,000 and will receive the $100,000 in 15 years. What interest rate is the bank paying on these CDs.

The formula to calculate rate is;

= (Future Value / Present Value) ^ 1/15 - 1

= (100,000 / 67,000) ^ 1/15 - 1

= 0.0270581026212

= 2.70%

According to the video, short-run projected wealth levels calculated using geometric averages are probably ______________.

Answers

Answer: A. pessimistic

Explanation:

Geometric mean takes into account the compounding effect that the wealth would go through in the short run and this makes it more accurate which generally means lower.

Compared to other averages therefore, it will give lower figures which would tend to make it result in wealth levels that are more pessimistic than wealth levels calculated using other types of averages.

Luby Corporation has maintained an office in a leased building for several years. The corporation has decided to make some significant improve-ments to enhance the property. How should Luby Corporation depreciate these improvements

Answers

Answer:

When a lessee spends money improving leased assets, e.g. offices or warehouses, it must capitalize this expenses and amortize them during the lease term. E.g. if Luby Corporation spent $100,000 remodeling the offices, and the lease expires in 4 years, it must capitalize the expenses as a leasehold improvement and then amortize $25,000 per year.

You and two partners start a company. However, your partners play no role in running the company. You spend all your time managing the business. The time that you could have spent working for someone else and earning wages instead of running the business is your:

Answers

Answer:

opportunity cost I guess

Ivanhoe Corporation has fixed costs of $412,800. It has a unit selling price of $4, unit variable cost of $2.40, and a target net income of $1,290,000. Compute the required sales in units to achieve its target net income.

Answers

Answer:

Break-even point in units= 1,064,250

Explanation:

Giving the following information:

Fixed costs= $412,800

Unitary variable cost= $2.4

Selling price= $4

Desired income= $1,290,000

To calculate the sales in units required, we need to use the following formula:

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Break-even point in units= (412,800 + 1,290,000) / (4 - 2.4)

Break-even point in units= 1,064,250

Fixed costs are $1300000 and the variable costs are 80% of the unit selling price. What is the break-even point in dollars?

Answers

Answer:

the break-even point in dollars is $6,500,000

Explanation:

The computation of the break even point in dollars is shown below;

As we know that

Break even point in dollars is

= Fixed cost ÷ contribution margin ratio

Since the variable cost is 80%, so the contrbibution margin is 20% so that the total selling price would be 100%

now

= $1,300,000 ÷ 20%

= $6,500,000

Hence, the break-even point in dollars is $6,500,000

Susan wants to have $200,000 when she retires. She can afford to invest $400 monthly into an ordinary annuity which pays 7.6% compounded monthly. How many years will it take for her to achieve her goal

Answers

Answer:

It will take Susan approximately 76.02 years to achieve her goal.

Explanation:

This can be calculated using the formula for calculating the Future Value (FV) of an Ordinary Annuity is used as follows:

FV = M * (((1 + r)^n - 1) / r) ................................. (1)

Where,

FV = Future value or the amount Susan wants to have when she retires =  $200,000

M = Monthly payment = $400

r = Monthly interest rate = 7.6% / 12 = 0.076 / 12 = 0.00633333333333333

n = number of months = ?

Substituting the values into equation (1) and solve for n, we have

200,000 = 400 * (((1 + 0.00633333333333333)^n - 1) / 0.00633333333333333)

200,000 / 400 = (1.00633333333333333^n - 1) / 0.00633333333333333

50,000 = (1.00633333333333333^n - 1) / 0.00633333333333333

50,000 * 0.00633333333333333 = 1.00633333333333333^n - 1

316.666666666666 = 1.00633333333333333^n - 1

316.666666666666 + 1 = 1.00633333333333333^n

317.666666666666 = 1.00633333333333333^n

Loglinearise both sides, we have:

log(317.666666666666) = n * log(1.00633333333333333)

2.50197164591866 = n * 0.00274185830343385

n = 2.50197164591866 / 0.00274185830343385

n = 912.509462208621

Since n is in months, we divide it by 12 to get the number of years as follows:

Number of years = 912.509462208621 / 12

Number of years = 76.02

Therefore, it will take Susan approximately 76.02 years to achieve her goal.

Your economics professor assigns a group project for the course. To combat the free-rider problem to which such an assignment might lead, the instructor asks you to evaluate the contributions of your peers in a confidential report. Will this evaluation have the desired effects?

Answers

Answer:

The overview according to another procedure outlined would be defined in the following portion.

Explanation:

Whenever there's no participant evaluation, colleagues may lose when the increase dependence the scores based on either the mission as a whole as well never overall achievements, thereby eventually leading to the complimentary, so the teammates prefer to not even succeed. The colleagues' appraisal report might encourage free passengers to succeed because these complimentary will indeed be uncovered throughout the secret document as well as obtain lower scores or grades to solve the unrestricted dilemma.

Zacher Co.'s stock has a beta of 1.48, the risk-free rate is 4.25%, and the market risk premium is 5.50%. What is the firm's required rate of return

Answers

Answer:

11.95

Explanation:

The firm required rate of return can be calculated by multiplication of the risk-free rate with the addition of BETE VALUE OF THE STOCK and MARKET RISK PREMIUM which is done Bellow

the risk-free rate =4.25%,

beta = 1.48,

market risk premium =5.50%

The firm required rate of return= 4.25%+[(1.4×5.5)]

=11.95%

Hilltop Paving has a levered equity cost of capital of 14.92 percent. The debt-to-value ratio is 0.4, the tax rate is 34 percent, and the pretax cost of debt is 7.2 percent. What is the estimated unlevered cost of equity?

a. 12.08%
b. 13.06%
c. 12.56%
d. 10.97%

Answers

Answer:

c. 12.56%

Explanation:

Debt-to-value=D/(D+E) =0.4=> D=0.4D + 0.4E => 0.6D = 0.4E => D/E=4/6=2/3

According to M&M proposition II with taxes,

re=r0+(D/E)(r0-rd)(1-Tax rate) . Where re= levered cost of equity(or cost of equity when the firm is levered)=.1492, r0 = unlevered cost of equity,Tax rate=34%=.34, rd=pretax cost of debt=7.2%=0.072,D/E=2/3

re = r0+(2/3) * (r0 - 0.072)*(1-.34)

=> 0.1492=r0(1+(2/3)*(1-.34)) -(2/3)*(.072)*(1-.34)

=> 0.1492 = r0(1+0.44) -0.03168

=> 0.1492 = 1.44*r0 -0.03168

r0 = (.1492+0.03168)/1.44

r0 =0.1256

r0 =12.56%

Thus, r0=unlevered cost of equity=12.56%

The estimated unlevered cost of equity is option c 12.56%.

The calculation is as follows:

Debt-to-value = D ÷ (D+E)  = 0

D = 0.4D + 0.4E

0.6D = 0.4E

D ÷ E = 4 ÷ 6 = 2 ÷ 3

Now  

Levered cost of equity = unlevered cost of equity + (D ÷ E)(unlevered cost of equity - pretax cost of debt )(1-Tax rate)

Levered cost of equity  =  unlevered cost of equity+(2  ÷ 3) × ( unlevered cost of equity - 0.072) ×(1-.34)

0.1492 =  unlevered cost of equity (1+(2  ÷ 3) × (1 -.34)) - (2 ÷  3) × (.072) ×(1-.34)

0.1492 =  unlevered cost of equity  (1+0.44) -0.03168

0.1492 = 1.44 ×unlevered cost of equity -0.03168

unlevered cost of equity = (.1492+0.03168) ÷ 1.44

 =0.1256

=12.56%

Thus, we can conclude that the correct option is c.

Learn more: brainly.com/question/6201432

The corporate practice of acquiring or producing quality goods or services at a lower cost abroad thereby eliminating domestic production is called _____.
a. outsourcing
b. importing
c. foreign investment
d. exporting
e. trading

Answers

Answer:

a. outsourcing

Explanation:

Outsourcing can be regarded as a cost cutting measures in an organization, it involves the hiring of other party from another organization to perform some services or production in ones organization. The instances of outsourcing are Hiring human resource management as well as facilities management. Another one is hiring a

supply chain management,

It should be noted that The corporate practice of acquiring or producing quality goods or services at a lower cost abroad thereby eliminating domestic production is called outsourcing

Select the correct answer.
Which strategy will help Jude sustain a competitive advantage by strengthening product distribution?
A. following the differentiation strategy
B. following the cost focus strategy
C.following the cost leadership strategy
D. maintaining customer loyalty
E.maintaining strong vendor relationship

Answers

Answer:

C.....................

Harry, Hermione, and Ron formed an S corporation called Bumblebore. Harry and Hermione both contributed cash of $29,500 to get things started. Ron was a bit short on cash but had a parcel of land valued at $71,600 (basis of $59,000) that he decided to contribute. The land was encumbered by a $42,100 mortgage. What tax bases will each of the three have in his or her stock of Bumblebore

Answers

Answer:

The tax bases of Harry = $29,500, Hermoine = $29,500 and Ron = $16,900

Explanation:

Harry and Hermoine will have equal tax basis of $29,500. Ron tax basis shall be $59,000 basis in land contributed as deducted by $42,100 mortgage that the Ron is relieved of. Hence Ron's tax basis is $59,000 - $42,100 = $16,900

A female employee brings effective insight into how the clients have been involved in the change process previously. How do men and women differ in their leadership styles?

Answers

Answer:

This question is incomplete, the options are missing. The options are the following:

a) Women use more participative leadership.

b) Men have higher emotional intelligence.

c) None of these answers are correct.

d) Men are less harsh when they punish their subordinates.

e) Men make fewer decisions on their own.

And the correct answer is the option A: Women use more participative leadership.

Explanation:

To begin with, there is a scientific study that proves that when it comes to terms of leadership the female participants tend to be more participative regarding subjects of decision making process and taking ideas from others and work as a team, like it should be. Meanwhile the male participants tend to be in their majority more centralized when it comes to decide every aspect of what it has to be done. And that is in part because of the personality of each one due to the fact that male tend to be more dominant because of biology reasons then they make decisions without consulting with other while women take the right way and involves every member in order to take the final decision.

Holt Enterprises recently paid a dividend, D0, of $3.50. It expects to have nonconstant growth of 12% for 2 years followed by a constant rate of 6% thereafter. The firm's required return is 18%. How far away is the horizon date

Answers

Answer:

At the end of the year 2

Explanation:

In order to compute the share of Holt enterprises, we  require dividends in years 1 and 2 dividends which are shown thus:

Year 1 dividend=$3.50*(1+12%)^1=$ 3.92  

Year 2 dividend=$3.50*(1+12%)^2=$4.3904

Horizon value at the end of year 2=year 2 dividend *(1+constant dividend growth rate)/(required return-constant dividend growth rate)

Horizon value is computed at the end of year 2 since it needs to follow the last dividend paid immediately

Strategic planning can be defined as:

a. how each functional area will achieve its spectifc goals and objectives.
b. a procedure for allocating resources to appropriate functions in the organization.
c. taking big risks to maximize current period benefits.
d. an action plan to achieve specific long-term goals and objectives.
e. an acion plan to achieve spectific operational and tactical goals.

Answers

Answer:

d. an action plan to achieve specific long-term goals and objectives.

Explanation:

Strategic planning is an essential tool for any business, regardless of the branch or size of the company.

Through this tool it is possible for the organization to define what are its essential goals and objectives for its future and what are the ideal action plans for them to be reached.

Strategic planning will understand all organizational systems and integrate them in order to better understand the organizational identity to define the mission, vision and values ​​that will lead the company to operate in the market in a way aligned with its purposes, to achieve advantage competitive, reduce costs and have a detailed action plan focused on the essential objectives and goals to achieve organizational success.

Fuseina has GH¢40,000.00 to invest. She decided to put part of the money in an account paying 4% interest and the remainder into a stock paying 6%interest. Her financial advisor tells her that the total annual income from these investments should be GH¢2040.00. How much should she invest at each rate?​

Answers

Answer:

GH¢18,000 in the account that pays 4%

GH¢22,000 in stock

Explanation:

Let X represents the account that pays a 4% interest rate

Let Y represent the stock that pays a 6% interest rate

Total amount invested=40,000

X+Y=40,000 equation 1

Interest earned on X=X*4%=0.04X

Interest earned on Y=Y*6%=0.06Y

Total interest =2040

0.04X+0.06Y=2040 equation 2

Multiply equation 1 by 0.04

0.04X+0.04Y=(40,000*0.04)

0.04X+0.04Y=1600 equation 3

equation 2- equation 3

0.04X+0.06Y=2040

0.04X+0.04Y=1600

0.02Y=440

Y=440/0.02=22000

substitute 22000  for Y in equation 1

X+22000=40000

X=40000-22000=18000

A project has a 0.88 chance of doubling your investment in a year and a 0.12 chance of halving your investment in a year. What is the standard deviation of the rate of return on this investment?

Answers

Answer:

Probability         Value

0.48                    $2 00

0.52                    $50

Expected value or E(x) = probability * ( value)  

Expected value or E(x) = 0.88*200 + 0.12*50 = $182

Variance of (x) = E(x^2) - (E(x))^2

= (0.88 * 200^2 + 0.12 * 50^2) - (182)^2

= (35,200 + 300) - 33124

= 35500-33124

= 2376

Standard deviation = sqrt (variance)

= sqrt(2376)

= 48.74%

Barbara Jones is interested in buying a five-year zero coupon bond with a face value of $1,000. She understands that the market interest rate for similar investments is 10.3 percent. Assume annual coupon payments. What is the current value of this bond? (Round answer to 2 decimal places, e.g. 15.25.)

Answers

Answer:

Zero-cupon bond= $612.52

Explanation:

Giving the following information:

Face value= $1,000

Number of periods= 5 years

Interest rate= 10.3% = 0.103

To calculate the price of the bond, we need to use the following formula:

Zero-cupon bond= [face value/(1+i)^n]

Zero-cupon bond= [1,000 / (1.103^5)]

Zero-cupon bond= $612.52

A company's income before interest expense and income taxes is $575,000 and its interest expense is $145,000. Its times interest earned ratio is:__________.a. 0.25 b. 2.73 c. 0.99 d. 3.72

Answers

Answer:

3.96

Explanation:

A company's Time Interest Earned ratio shows us its ability to pay its debts.

The income before expenses is given as: $575000

The interest expenses = $145000

The question wants us to find time interest earned ratio. We get this by:

Company's initial income/interest expenses

= $575,000/$145,000

= 3.96

This is the correct answer to the question. The right answer was not listed in the options.

In the supply-and-demand schedule shown above, at the prices of _____ and _____, there is excess supply because quantity supplied is greater than quantity demanded.

$200, $250
$50, $250
$50, $100

Answers

Answer:

I think it is 200,250 but I can’t see what is above so I don’t know for sure send a link so I can see the picture above.

Explanation:

It’s 200, 250 I think

Did Dan stay on budget? Why or why not? Yes, Dan spent as much as he earned. No, Dan should move to a new apartment. Yes, Dan uses his savings to cover extra expenses. No, Dan should reduce his discretionary spending.

Answers

Hi, you've asked an incomplete question. However, I added missing the part of the question as an attachment below:

Answer:

No, Dan should reduce his discretionary spending.

Explanation:

Note, the term discretionary spending often refers to spending on unimportant/necessary things. In other words, things that one can do without but they still spend on.

Noteworthy among his expenses were his Cruise trip to Mexico which took about $3,500 (excluding other entertainment expenses). This shows that Dan didn't stay on his budget since some avoidable expenses were eating out of his total income; leaving him with zero savings.

Answer:

the answer is d

Explanation:

Have you ever tried to pretend to be something your Not cause I have anyway here's the question so it dosent' get reported
Match the association type with the person that best fits the description: opportunistic association
a.
your favorite teacher
b.
the president of your gardening club
c.
your best friend
d.
the man you met while walking your dog

Answers

Answer:

c...

Explanation:

D. J. Masson Inc. recently issued noncallable bonds that mature in 10 years. They have a par value of $1,000 and an annual coupon of 5.5%. If the current market interest rate is 7.0%, at what price should the bonds sell?a. $829.21b. $850.47c. $872.28d. $894.65e. $917.01

Answers

Answer:

Bond Price​= $894.65

Explanation:

Giving the following information:

Face value= $1,000

Number of periods= 10

Cupon= 0.055*1,000= $55

YTM= 0.07

To calculate the price of the bond, we need to use the following formula:

Bond Price​= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

Bond Price​= 55*{[1 - (1.07^-10)] / 0.07 + [1,000/(1.07^10)

Bond Price​= 386.30 + 508.35

Bond Price​= $894.65

If you interact with people in a culture that respects its elders, you may hesitate to question the views of an older person or senior official. Which observation about how effective communicators accommodate one another is represented by your hesitation?
a. Communication similarities and differences exist in all conversations.
b. The manner in which we perceive the communication of others will determine how we evaluate our interaction with others.
c. Language and behavior convey information about social status and group membership.
d. Accommodation varies in its degree of appropriateness, and norms guide the accommodation process.
e. Conversations are always adapted to others when interacting with those who are culturally unalike yourself.

Answers

Answer:

d. Accommodation varies in its degree of appropriateness, and norms guide the accommodation process.

Explanation:

When effective communicators interact in a new environment they will try to understand the norms and expectations of the community in different situations.

In this instance the culture respects it's elders so questioning an older person or senior official may not be an acceptable action.

The communicator will need to estimate how accommodating the community is on appropriate behaviour.

A very accommodating community may tolerate certain degree of variance from their norms.

Explain why employers are becoming increasingly aware and sensitive to acts of intolerance in the workplace. List measures employers are taking to improve tolerance.

Answers

Answer:

They are more aware due to an increase in exposure and knowledge of people reporting such incidents and also an increase in the channels and avenue available for the receipt of such complaint.

The measures employers are taking to improve tolerance include creating a United environment with a set common goal. Another measure is ensuring that the workplace consists of a high amount and degree of diversity of individuals.

Answer:

Racial diversity is improving as a result of laws protecting minority populations in the United States.

Explanation: The guy above me answered it

A facility that serves the role of being a low-cost supply source for markets located outside the country where the facility is located is:_______a. an offshore facility. b. a source facility. c. an outpost facility. d. a server facility.

Answers

Answer: a. an offshore facility.

Explanation:

Offshore in this scenario refers to activities in another country therefore an offshore facility would be one that supplies markets located in countries outside the country the facility is located.

These facilities are able to supply other countries with materials because they do it at such a low enough cost that the countries they supply to buy from them instead of their own countries. This is how most Newly Industrialized Countries came to be.

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